Rate of depreciation for ac and inverters ?
This query is : Resolved
27 July 2012
Dear Expert,
Could you tell me the Depreciation rate for AC and Inverters which are used "other than in office" ?
Could you tell me the Depreciation rate for AC and Inverters which are used "other than in office" ?
27 July 2012
Other Then office mean??
Where it can be used by assessee.
Dep is only applicable when assets is used for Business & Proff of an assessee....
Where it can be used by assessee.
Dep is only applicable when assets is used for Business & Proff of an assessee....
27 July 2012
it means other than for administration...
28 July 2012
If it is used for the purpose of business or profession of an assessee, 15% depreciation can be claimed.
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